Independence, Kentucky vs. Madison, Indiana

Cost of Living Comparison

The cost of living in Madison, Indiana is 19.6% cheaper than Independence, Kentucky.

You would need a salary of $40,182 in Madison, Indiana to maintain the standard of living you have in Independence, Kentucky.
Comparison highlights
• Overall, Madison, Indiana is cheaper than Independence, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% cheaper in Madison
than in Independence, Kentucky
Independence, KY vs. Madison, IN
Compared to Independence, Madison is:
  Homeowner
      No Child Care, Taxes not Considered
  19.6% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.7% lower
  Housing (Homeowner)
  29.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.9% higher
  Commute
  36.4% lower
  Health
  20.9% lower
  Taxes
  Childcare
  Personal
  7.3% higher